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Under Contract
0 Route 9 South Edgewood, NJ 08242
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Vacant Lot
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 260064
Annual Tax Amount $9,411
Tax Year 2022
Lot Dimensions 20 acres
Property Sub-Type Vacant Lot
Property Description
Exceptional development opportunity available in Edgewood/Rio Grande, NJ! This prime vacant property, spanning approximately 20 acres, presents an outstanding chance for developers and investors in a rapidly expanding area. With approximately 177 feet of frontage along the east side of Route 9, the site is perfectly positioned for visibility and accessibility. Zoned as TC (Town Center), the property allows for a variety of commercial uses, including retail sales, restaurants, banks, professional and business offices, auto and boat sales, shopping centers, and more. Additionally, it is zoned for SR (Suburban Residential), permitting the development of single-family homes, agriculture and farming, which opens exciting potential for initiatives (winery/wedding venue?), along with other conditional uses. The property's rear section offers stunning views of a neighboring lake, enhancing its appeal for residential or recreational development. The possibilities are endless—leverage the zoning allowances separately or consider a combination of commercial and agricultural developments. With the growing demand for housing in the area, constructing residential homes could meet a critical need too. Don't miss out on this exceptional investment opportunity! Expired NJ DEP LOI Report (2006) are shared in associated docs. Block 1153, Lots 3-4 and Block 1144, Lot 1 are zoned TC (Town Center). Blocks 1155-1164, Lots 1, zoned SR (Suburban Residential).
Location
State NJ
County Cape May
Area Edgewood
Listed by COASTLINE REALTY, LLC